Bioelectronics Corp (BIEL)

[misanthrope]

Doesn't work that way in the OTC with a non-SEC registered company; at least around not filing financials. BIEL has the 'limited info' sign up. Eventually it could become a 'stop sign', but that takes time and continued missed filings. The only consequence for that is it usually scares off prospective investors, and trading skids to a trickle on its own without any formal sanctions.

No matter how bad financials are, better to have them and stay current then leave everyone guessing. The longer they are late, the more speculation ensues. Is it just bad numbers, or something else? Or maybe BIEL just decided to report annually only. Maybe it saves outside accounting fees. We just don't know, and uncertainty isn't a positive.